Market Overview:
The global infrared telescope market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for infrared telescopes for astronomical observation, military applications, and other purposes. Based on type, the global infrared telescope market is segmented into f/20-f/50, f/50-f/100, and others. The f/20-f/50 segment is expected to account for the largest share of the global infrared telescope market in 2018 owing to its low cost and easy portability. However, the f/50-f/100 segment is projected to grow at a higher CAGR during the forecast period due to its superior performance characteristics as compared with other types of infrared telescopes. Based on application, the global infrared telescope market is divided into astronomical observation, military applications, and others (including research & development activities). The astronomical observation segment accounted for majority of revenue share in 2017 and is projected witness highest growth rate over next few years owing rising adoption rates across developed countries such as U.S.
Product Definition:
An infrared telescope is a telescope that uses infrared radiation to observe objects in space. Infrared radiation is light that has a longer wavelength than visible light, and it is invisible to the human eye. Infrared telescopes can be used to study the planets, stars, and galaxies in our universe. They can also be used to study the weather on Earth and track global warming trends.
f/20-f/50:
F20-F50 is the range of focal ratio used in infrared cameras. It’s a measure of how much light an optical instrument such as a camera or IR telescope can gather, i.e., how many times larger or smaller than human eyes it is in comparison to its wavelength of detection (usually 20 microns up to 50 microns).
f/50-f/100:
The f/50-f/100 is a range of optical lens sizes used in infrared cameras. It has been observed that lenses with focal length between 50mm to 100mm produce images with higher contrast and better resolution than lenses of similar size having a focal length of 60mm to 80mm.
Application Insights:
The astronomical observation segment dominated the global infrared telescope market in 2017. This can be attributed to the rising number of space-based telescopes observing celestial objects. For instance, Hubble Space Telescope generated a revenue of USD H1 billion in 2012 and is expected to witness significant growth over the forecast period owing to its advanced optics and operating capabilities at suborbital heights.
The military applications segment is expected to grow at a CAGR exceeding 14% from 2018 to 2030 due largelyto increasing spending on defense equipment by countries such as China, India, Russia and U.S., which are major consumers of this technology. The others application segment includes research activities and planetary exploration using thermal emission techniques that involve IR telescopes for observations from earth orbit or lunar surface among others). Infrared astronomy has witnessed tremendous progress over recent years with several ground-breaking discoveries made possible through space-based observatories sensitive towards wavelengths longer than visible light (longwave IR).
Regional Analysis:
North America dominated the global infrared telescope market in 2016 with a revenue share of over 40%. The growth is attributed to the presence of major players such as Boeing, Lockheed Martin Corporation and General Dynamics. These companies are engaged in research activities pertaining to development of advanced technologies for military and space applications. Moreover, these companies are also involved in various initiatives taken by government organizations for utilization of IR technology across several other industries. This has led North America to dominate the overall market space over the forecast period.
However, Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to increasing demand from countries such as China and India along with Japan which have been observed making significant investments towards development programs related Infrared Technology (IRT). Furthermore, growing awareness among people regarding health benefits associated with usage of natural products coupled IR therapy may also contribute significantly towards regional growth during same time frame.
Growth Factors:
- Increasing demand for infrared telescopes from the defense sector for surveillance and missile guidance applications
- Growing demand for infrared telescopes from the commercial sector for astronomical research, land surveying, and industrial inspection applications
- Development of advanced infrared telescope technologies that offer improved performance and lower cost
- Proliferation of small satellites that can be used to deploy miniature infrared telescopes into low-Earth orbit or deep space
- Increased funding support from governments and private organizations for development of new infrared telescope technologies and applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Infrared Telescope Market Research Report
By Type
f/20-f/50, f/50-f/100, Others
By Application
Astronomical Observation, Military Applications, Others
By Companies
Celestron, Meade, Vixen Optics, TAKAHASHI, ASTRO-PHYSICS, Bushnell, Bresser, ORION, Barska, Sky Watcher, Bosma, SharpStar, Visionking, TianLang
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Infrared Telescope Market Report Segments:
The global Infrared Telescope market is segmented on the basis of:
Types
f/20-f/50, f/50-f/100, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Astronomical Observation, Military Applications, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Celestron
- Meade
- Vixen Optics
- TAKAHASHI
- ASTRO-PHYSICS
- Bushnell
- Bresser
- ORION
- Barska
- Sky Watcher
- Bosma
- SharpStar
- Visionking
- TianLang
Highlights of The Infrared Telescope Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- f/20-f/50
- f/50-f/100
- Others
- By Application:
- Astronomical Observation
- Military Applications
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Infrared Telescope Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Infrared Telescope is a device that uses infrared radiation to view objects.
Some of the major companies in the infrared telescope market are Celestron, Meade, Vixen Optics, TAKAHASHI, ASTRO-PHYSICS, Bushnell, Bresser, ORION, Barska, Sky Watcher, Bosma, SharpStar, Visionking, TianLang.
The infrared telescope market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Infrared Telescope Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Infrared Telescope Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Infrared Telescope Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Infrared Telescope Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Infrared Telescope Market Size & Forecast, 2018-2028
4.5.1 Infrared Telescope Market Size and Y-o-Y Growth
4.5.2 Infrared Telescope Market Absolute $ Opportunity
Chapter 5 Global Infrared Telescope Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Infrared Telescope Market Size Forecast by Type
5.2.1 f/20-f/50
5.2.2 f/50-f/100
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Infrared Telescope Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Infrared Telescope Market Size Forecast by Applications
6.2.1 Astronomical Observation
6.2.2 Military Applications
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Infrared Telescope Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Infrared Telescope Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Infrared Telescope Analysis and Forecast
9.1 Introduction
9.2 North America Infrared Telescope Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Infrared Telescope Market Size Forecast by Type
9.6.1 f/20-f/50
9.6.2 f/50-f/100
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Infrared Telescope Market Size Forecast by Applications
9.10.1 Astronomical Observation
9.10.2 Military Applications
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Infrared Telescope Analysis and Forecast
10.1 Introduction
10.2 Europe Infrared Telescope Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Infrared Telescope Market Size Forecast by Type
10.6.1 f/20-f/50
10.6.2 f/50-f/100
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Infrared Telescope Market Size Forecast by Applications
10.10.1 Astronomical Observation
10.10.2 Military Applications
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Infrared Telescope Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Infrared Telescope Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Infrared Telescope Market Size Forecast by Type
11.6.1 f/20-f/50
11.6.2 f/50-f/100
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Infrared Telescope Market Size Forecast by Applications
11.10.1 Astronomical Observation
11.10.2 Military Applications
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Infrared Telescope Analysis and Forecast
12.1 Introduction
12.2 Latin America Infrared Telescope Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Infrared Telescope Market Size Forecast by Type
12.6.1 f/20-f/50
12.6.2 f/50-f/100
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Infrared Telescope Market Size Forecast by Applications
12.10.1 Astronomical Observation
12.10.2 Military Applications
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Infrared Telescope Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Infrared Telescope Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Infrared Telescope Market Size Forecast by Type
13.6.1 f/20-f/50
13.6.2 f/50-f/100
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Infrared Telescope Market Size Forecast by Applications
13.10.1 Astronomical Observation
13.10.2 Military Applications
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Infrared Telescope Market: Competitive Dashboard
14.2 Global Infrared Telescope Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Celestron
14.3.2 Meade
14.3.3 Vixen Optics
14.3.4 TAKAHASHI
14.3.5 ASTRO-PHYSICS
14.3.6 Bushnell
14.3.7 Bresser
14.3.8 ORION
14.3.9 Barska
14.3.10 Sky Watcher
14.3.11 Bosma
14.3.12 SharpStar
14.3.13 Visionking
14.3.14 TianLang
